Reliance Industries Limited (RELIANCE.NS)
- Zacks
Transocean Secures $123 Million Offshore Drilling Contract in India
RIG wins a 300-day drilling contract with Reliance Industries for the Dhirubhai Deepwater KG1 project in India, valued at approximately $123 million.
- Reuters
Indian tribunal approves $8.5 billion Disney, Reliance media assets merger
An Indian company tribunal has approved the $8.5 billion merger of Reliance Industries and Disney's Indian media assets, Reliance said on Friday. Earlier this week, the companies had won approval from the Competition Commission of India (CCI) for the deal, after assuaging regulatory worries about their grip on broadcasting rights for cricket. The competition regulator had said the deal, which will create the country's biggest entertainment player, was being approved subject to modifications submitted voluntarily by the companies, without sharing further details.
- Bloomberg
Ambani Touts AI, Bonus Stock But Stays Silent on Units’ IPOs
(Bloomberg) -- Billionaire Mukesh Ambani unveiled ambitious plans for Reliance Industries Ltd. to develop cutting-edge artificial intelligence tools, but gave no details on the much-awaited listings of its telecom and retail units in his annual shareholders’ address.Most Read from BloombergTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsAs Rural Hospi
